1) PM Modi to take call on economic revival steps
To revive growth, a stimulus programme might be in the works, with the finance ministry slated to brief Prime Minister Narendra Modi on Thursday about the economic situation in the country, the issues faced by various sectors and to also suggest possible intervention as concerns increase, reported the Economic Times on Thursday.
According to the report, the meeting could lead to a significant stimulus package, which includes incentives to boost demand, some industry-specific measures and relief for portfolio investors from the super-rich surcharge.
2) CBI wants banks’ nod to probe